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Rating: N/A

Axis Liquid Fund Direct Plan Growth Option

NAV

2224.447
+ 0.2235

as on (06 Jun, 2020)

RETURNS

6.82 %

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

0.13 %

Benchmark

Nifty Liquid Fund Index PR INR

Asset Size

25859.54 Cr.

(As of 30 Apr, 2019)

Risk

Low

Objective

To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However there can be no assurance that the investment objective of the scheme will be achieved.

Fund manager

Devang Shah

(since 05 Nov, 2012)

Exit load

N / A

Minimum sip

₹ 0

minimum investment

₹ 500

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

182 DTB 14122018

3.53 %

91 DTB 21122018

2.48 %

91 DTB 18012019

1.36 %

182 DTB 06122018

1.26 %

Sector Allocation

About the Scheme Type

Liquid Fund

Liquid Mutual Fund invest in short-term money market instruments such as government securities, treasury bills (T-Bills), commercial papers, call money, etc., with a maturity period of up to 91 days. Liquid mutual funds are not only least risky but least volatile as well because they mostly invest in instruments with high credit rating (P1+) and experience nominal change in their NAV (Net Asset Value), mostly on the interest income accrued. This happens because of their short-term maturity which makes them sparingly traded in the market. Being invested for short periods of time, these provide unrivalled liquidity to investors.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

N/A

Overview of Axis Asset Management Company Limited

Axis Mutual Fund has grown strongly since the time it launched its first scheme in
October 2009. The vision statement of Axis Mutual Fund has been to responsibly
manage money and risks to help people feel financially secure and confident of a brighter
and prosperous future. We attribute our success, thus far, to Axis Mutual Fund’s 3
founding principles

Long term wealth creation

Outside in (Customer) view

Long term relationship

Our product, sales and service strategy is entirely guided by this. We, at Axis Mutual
Fund, aim to provide quality financial and investment solutions to help customers feel
financially secure and confident of a brighter and prosperous future. We lay a strong
emphasis on risk management and planning. We encourage our investors and our
partners to take a holistic view which extends beyond mere investing surpluses to
investing with an underlying dream, aspiration or goal.

Investment Philosophy of Axis Mutual Fund:

Business to be built on three pillars

Outside-in View

Investor at the heart of every single decision

Communication in investor’s language, not in ours

Enduring Wealth Creation

Playing a serious and credible role in investor’s money basket

Encouraging investors to build a long-term perspective of the mutual fund
category